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Lightstone Acquires New Woodfield Commerce Center in SC
Lightstone has acquired the 320,000-square-foot Woodfield Commerce Center, a recently completed Class-A manufacturing and distribution facility in Fountain Inn, SC.
The acquisition was handled by Lightstone Logistics Southeast team, based in Charlotte, NC.
Woodfield Commerce Center is adjacent to I-385, 20 minutes from BMW’s Spartanburg plant. The building holds a prime location along the I-85 Auto Corridor, one of the Southeast region’s leading industrial demand drivers. It is also situated strategically near I-26, a southbound highway to the Port of Charleston, one of the fastest-growing ports in the United States. The property will be managed by Lightstone Logistics with Avison Young.
“With this strategic investment, Lightstone is capitalizing on Greenville-Spartanburg’s strong market growth and the broader re-shoring trend,” said Mitchell Hochberg, Lightstone President. “The property’s location proximate to major automotive companies and key transportation networks will position it well to lease to a company looking to plant long-term roots.”
- ◦Sale/Acquisition